80 Lakh RBL Bank Home Loan

RBL Bank, one of the most popular banks in India, serves customers' needs with various loan products, such as 80 lakh home loans. These loans are for individuals seeking substantial financing for their dream homes. With competitive interest rates and flexible repayment options, RBL Bank ensures a hassle-free loan application process and customer-friendly services. Whether you are planning to buy a new property or renovate an existing one, RBL Bank's home loan offerings provide the financial support you need to achieve your home ownership goals.

80 Lakh Home Loan RBL Bank – Highlights 

Here are the highlights of the 80 lakh Home Loan RBL Bank:

80 Lakh Home Loan EMI for 5 Years RBL Bank

For an RBL Bank 80 lakh home loan EMI over 5 years, the EMI calculations are based on the interest rate applicable. Below are the details:

80 Lakh Home Loan EMI for 10 Years RBL Bank

For an RBL Bank 80 lakh home loan EMI for 10 years, here is a breakdown:

80 Lakh Home Loan EMI for 15 Years RBL Bank

For an RBL Bank 80 lakh home loan EMI for 15 years and total payable amount are as follows:

80 Lakh Home Loan EMI for 20 Years RBL Bank

For an RBL Bank 80 lakh home loan EMI for 20 years and total payable amount are provided below:

80 Lakh Home Loan EMI for 25 Years RBL Bank

For an RBL Bank 80 lakh home loan EMI for 25 years and total payable amount:

80 Lakh RBL Bank Home Loan – Fees and Charges [40 words]

The details of 80 Lakh RBL Bank Home Loan fees and charges are below:

80 Lakh RBL Bank Home Loan – Documents Required

To apply for an 80 lakh home loan at RBL Bank, the following documents are required:

• PAN Card
• Identity Proof: Voter ID, Driving License, Passport
• Address Proof: Voter ID, Driving License, Passport, Telephone Bill, Electricity Bill, Registered Lease Deed or Sale Agreement, Bank Statement
• Business Continuity Proof: Bank Statement, Sales Tax Challans, IT Returns, Shops & Establishment Certificate, COI, Partnership Deed
• Passport Size Photographs
• Any other valid Photo ID card issued by the Central or State Government

For Salaried:

• Last 2 years of Income tax returns or
• Latest 3 month salary slip or
• Latest Form 16 issued by the employer.

For Self-Employed Individuals:

• Latest audited ITR and financials for the last 2 years.
• Bank statements from the borrower’s main accounts for the last 6 months.
• Professional qualification certificates and Degree certificates for professionals such as Doctors, Architects, Chartered Accountants, etc.

80 Lakh RBL Bank Home Loan – Eligibility Criteria

The 80 lakh home loan eligibility for RBL Bank is based on these criteria:

Salaried Individuals:

• Minimum net income: ₹1,80,000 per annum.
• Age: 24 years (minimum) at loan sanction; 70 years (maximum) at loan maturity.
• Minimum 3 years of work experience. A confirmation letter is required if the current job is less than 1 year.

Salaried NRIs:

• Similar criteria as salaried individuals.

Self-Employed Individuals and Professionals:

• Minimum net annual income: ₹1,50,000 as per latest ITR/financials.
• Age: 24 years (minimum) at loan sanction; 65 years (maximum) at loan maturity.
• Business continuity: Minimum 3 years in the same field.